£100,545
This estimated value is based upon the latest sale price for the house of £31,000 on 5 Oct 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £31,000 | 5 Oct 2001 |
| £27,000 | 9 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in October 2001 the House Price Index for WEST MIDLANDS was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £31,000 results in an estimated price of approximately £100,545.
| 5 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £31,000 | £69,545 | £100,545 |
The Postcode Pricing Model uses changes in average sales price within the WV6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 372.091 % | £115,348 | £146,348 |
| 3 Month Average | 189.279 % | £58,676 | £89,676 |
| 6 Month Average | 201.215 % | £62,376 | £93,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £157,007 | £155,000 | 74 GORSEBROOK ROAD |
| 17 Aug 2023 | £86,456 | £85,700 | 84 GORSEBROOK ROAD |
| 11 Apr 2023 | £207,231 | £205,000 | 80 GLENTWORTH GARDENS |
| 27 Jan 2023 | £99,531 | £100,000 | 103 GORSEBROOK ROAD |
| 2 Sep 2022 | £111,599 | £112,500 | 71 GORSEBROOK ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 31 May 2013. Using an estimated price of £100,546 means this house is valued at £1,340 per sq meter (£124 per sq foot).
The average size of a house on GORSEBROOK ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Carter Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carter Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Road |